Poverty Universe, All Ages for Carroll County, MS

PUAAMS28015A647NCEN • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

8,918.00

Year-over-Year Change

-11.02%

Date Range

1/1/1998 - 1/1/2023

Summary

The Poverty Universe, All Ages for Carroll County, MS measures the total population living below the poverty line in this county. This metric is crucial for policymakers to assess economic conditions and target social programs.

Analysis & Context

This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.

Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.

About This Dataset

The Poverty Universe, All Ages metric represents the number of individuals of all ages living in households with income below the federal poverty threshold in Carroll County, Mississippi. It is a key indicator of economic hardship and well-being in the region.

Methodology

This data is collected through the U.S. Census Bureau's American Community Survey.

Historical Context

Poverty metrics inform decisions on funding for social services, infrastructure, and economic development initiatives.

Key Facts

  • Carroll County, MS has a population of around 10,000 people.
  • The poverty rate in the county is significantly higher than the national average.
  • Poverty data helps target resources for education, healthcare, and job creation.

FAQs

Q: What does this economic trend measure?

A: The Poverty Universe, All Ages metric measures the total population living below the federal poverty line in Carroll County, Mississippi.

Q: Why is this trend relevant for users or analysts?

A: This poverty data is crucial for policymakers and community leaders to assess economic conditions and allocate resources for social programs and economic development.

Q: How is this data collected or calculated?

A: The data is collected through the U.S. Census Bureau's American Community Survey.

Q: How is this trend used in economic policy?

A: Poverty metrics inform decisions on funding for social services, infrastructure, and initiatives to support economically disadvantaged populations.

Q: Are there update delays or limitations?

A: The data is published annually with a lag, and may not fully capture sudden changes in economic conditions.

Related Trends

Citation

U.S. Federal Reserve, Poverty Universe, All Ages for Carroll County, MS (PUAAMS28015A647NCEN), retrieved from FRED.